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loobeyondbm

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loobeyondbm

Re: stockanalyze post# 16260

Tuesday, 08/04/2015 2:29:54 PM

Tuesday, August 04, 2015 2:29:54 PM

Post# of 17746
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This is totally nonsense. See what government did with preferreds in Citi case. Preferreds were converted on RV/(Common price traded before announcement).

Because of valuation gap, hedges longed Citi preferreds and shorted common and were squeezed very hard for several days.

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